| | MAY 20248IN FOCUSIPEAKOIN BOOSTS GLOBAL FOOTPRINT WITH LAUNCH OF SINGAPORE OFFICETHAI SATELLITE FIRM MU, RBC SIGNALS PARTNER TO ENHANCE SE ASIA GROUND STATIONIPeakoin, a prominent cash management platform catering to enterprises and renowned for its technological advancements, This week joyfully marked the inauguration of its new office in Singapore, thus expanding its global presence.iPeakoin's Chief Executive Officer, Michael Wu, along with other senior executives, hosted a reception in Singapore to warmly welcome guests from various sectors of the Asia financial and business community. This initiative aligns with the fintech firm's strategy to explore new revenue opportunities globally and to cultivate enduring partnerships with local businesses, financial institutions, and governmental entities.Since its inception in 2019, iPeakoin has maintained a steady trajectory toward profitability, reaching a noteworthy milestone in 2022. Furthermore, this year has seen an impressive surge of 350 percent in total transaction volume for iPeakoin, accompanied by substantial expansions in its customer base and profit margin.As a rising player in the fintech sector, iPeakoin has directed its efforts towards constructing a fluid infrastructure to connect conventional finance with cryptocurrencies. Through its array of wallets, cards, and accounts, iPeakoin has facilitated the advancement of startups and traditional financial institutions by dismantling the obstacles that hinder them from capitalizing on the advantages of cryptocurrencies.Singapore, renowned for its robust regulatory framework, technological infrastructure, and thriving fintech ecosystem, presents an ideal location for iPeakoin to further enhance its innovative offerings. By establishing a local presence, iPeakoin aims to leverage its expertise and experience to address the unique needs and challenges of the Asian market."We are thrilled to locate our Singapore headquarters to this prestigious location", said Michael Wu, the CEO of iPeakoin. "The new office space will not only accommodate our growing team but also provide an ideal setting for fostering creativity and driving forward our mission to revolutionize the financial technology industry. We look forward to cementing our presence in Asia to support the needs and business growth of our customers and partners".Expanding into Singapore is another step forward for iPeakoin, amplifying its ongoing growth and triumph in reshaping the global financial services arena. With a demonstrated history of achievements and a commitment to innovation, iPeakoin stands ready to assume a central position in propelling the future of finance within the region and on a broader scale. Mu Space and Advance Technology Co., a leading satellite technology company based in Thailand, and RBC Signals International Inc., a provider of global satellite data communication solutions, have entered into a Memorandum of Understanding (MOU). This MOU marks the beginning of a collaborative effort to establish Satellite Ground Station Facilities in Thailand and various other countries across Southeast Asia.mu Space is renowned for its excellence in satellite design, manufacturing, operations, and services, offering extensive expertise in space technology development and satellite ground station facility services. Conversely, RBC Signals is recognized for its global satellite data communication solutions, providing secure communications across all major frequency bands through its extensive worldwide network. Previously, mu Space has supported RBC Signals' satellite antenna hosting and colocation in Eastern Thailand for three years, providing facility support and maintenance.James Yenbamroong, CEO and CTO of mu Space, commented, "We are thrilled about our collaboration with RBC Signals. This partnership marks a significant milestone in our mission to advance satellite technology in Thailand and Southeast Asia. Together, we look to explore new frontiers in Satellite Ground Station Facilities, bringing innovative solutions to the region".Ronald Faith, President and CEO of RBC Signals, stated, "RBC Signals is very excited to continue our productive relationship with mu Space. RBC Signals is seeing growing demand for ground station services from Thailand and Southeast Asia".This collaboration is founded on shared expertise and seeks to advance the exploration and implementation of essential activities for the successful establishment of Satellite Ground Station Facilities in the region. Both mu Space and RBC Signals are eager to extend and enhance their business relationship, building upon their previous successful collaborations.
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